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This paper investigates the extent of China's export boom in machinery and analyzes trade in components and finished machinery between China and Southeast Asia. China has increased its world market share in machinery exports. The median relative unit value of its finished machinery exports has also risen. Yet the author finds no evidence that China's expansion in the world machinery market has squeezed the market shares of Southeast Asian machinery exports. Instead, components made by Southeast Asian countries are increasing in unit value and gaining market share in China.

Competitiveness --- Debt Markets --- Economic Theory and Research --- Export market --- Finance and Financial Sector Development --- Finished products --- Free Trade --- General Manufacturing --- Home market --- Home markets --- Industry --- International Economics & Trade --- Macroeconomics and Economic Growth --- Market share --- Markets and Market Access --- Supplier --- Suppliers --- Third markets --- World market